1,146 Shares in The Home Depot, Inc. (NYSE:HD) Purchased by Grove Street Fiduciary LLC

Grove Street Fiduciary LLC acquired a new position in The Home Depot, Inc. (NYSE:HD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,146 shares of the home improvement retailer’s stock, valued at approximately $446,000.

Other large investors have also bought and sold shares of the company. Synergy Asset Management LLC bought a new position in shares of Home Depot in the 4th quarter worth about $26,000. Wingate Wealth Advisors Inc. bought a new position in shares of Home Depot during the fourth quarter valued at approximately $28,000. Legacy Investment Solutions LLC purchased a new position in shares of Home Depot during the third quarter valued at approximately $41,000. Sugar Maple Asset Management LLC bought a new stake in shares of Home Depot in the 4th quarter worth approximately $41,000. Finally, Finley Financial LLC purchased a new stake in shares of Home Depot in the 4th quarter worth approximately $59,000. 70.86% of the stock is owned by institutional investors.

Home Depot Trading Down 0.2 %

Home Depot stock opened at $394.63 on Friday. The business has a 50-day simple moving average of $402.77 and a two-hundred day simple moving average of $397.00. The Home Depot, Inc. has a 52-week low of $323.77 and a 52-week high of $439.37. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. The company has a market cap of $392.01 billion, a P/E ratio of 26.81, a P/E/G ratio of 4.04 and a beta of 1.05.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Telsey Advisory Group reiterated an “outperform” rating and set a $455.00 price objective on shares of Home Depot in a research note on Thursday. Bank of America lifted their price target on Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Truist Financial upped their price target on shares of Home Depot from $465.00 to $467.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. DA Davidson raised their price objective on shares of Home Depot from $430.00 to $466.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. upped their target price on shares of Home Depot from $450.00 to $475.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $433.44.

About Home Depot

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.